Gold holds near four-month high as traders eye US inflation data
Gold holds near a four-month high after a 5% weekly gain, with traders focused on US PCE inflation data and Fed Chair Warsh's speech at Jackson Hole for policy clues.
Gold Market
Gold holds near a four-month high after a 5% weekly gain, with traders focused on US PCE inflation data and Fed Chair Warsh's speech at Jackson Hole for policy clues.
Gold is set for its third consecutive weekly gain after the US Treasury's unexpected buyback of long-dated debt highlighted concerns over government borrowing costs. Bullion traded around $4,530 an ounce.